Cayson Acquisition Corp [CAPNU]
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Cayson Acquisition Corp Units (CAPNU) represent the bundled securities issued by Cayson Acquisition Corp, a special purpose acquisition company (SPAC). Each unit typically consists of one share of common stock and a fraction of a warrant or right, which can be separated after the initial offering period. Units are the primary security sold during a SPAC's initial public offering, providing investors with a combination of equity ownership and potential upside through attached warrants or rights. CAPNU units give investors exposure to Cayson Acquisition Corp's management team's ability to identify and complete a successful business combination in the technology, media, and telecommunications sectors. After a specified period following the IPO, units can be separated into their component securities, allowing investors to trade the common stock, warrants, and rights independently based on their individual investment strategies and risk preferences. The unit structure is designed to make the SPAC offering more attractive to investors by providing both immediate equity participation and future optionality through the warrant or rights component. Units trade until separation occurs, after which the individual components trade separately.